NQ poised for more downside
Friday's close was below the low of Thursday. This is a conditional change. Price has also just broken the monthly PP. Both facts point to a lower downside target shown on the chart.
On Balance Volume is weak - larger traders are reducing their long positions.
On Balance Volume is weak - larger traders are reducing their long positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.